Nemi Corp. and BHAV Acquisition Corp announced on November 5, 2026 that they had entered a definitive agreement to combine, valuing Nemi at $400 million pre-money and setting up a planned Nasdaq listing for the manufacturing and physical-AI company. The consideration is entirely stock: 40 million shares at $10 each, covering Nemi’s existing equity, outstanding equity awards and securities issued in its pre-closing financing. There is no earnout. Nemi is targeting a $50 million private…
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Nemi Plans Nasdaq Listing After SPAC Merger with BHAV Acquisition Corp